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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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Posts: 4603
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9 years ago
Harold's Picture manufactures various picture frames. Each new employee takes 6 hours to make the first picture frame and 4.8 hours to make the second. The manufacturing overhead charge per hour is $25.

Required:
a.   What is the learning-curve percentage, assuming the cumulative average method?
b.   What is the time needed to build 8 picture frames by a new employee using the cumulative average-time method? You may use an index of −0.1520.
c.   What is the time needed to produce the 16th frame by a new employee using the incremental unit-time method? You may use an index of −0.3219.
d.   How much manufacturing overhead would be charged to the 16 picture frames using the average-time approach?
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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#1
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9 years ago
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jerico Author
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#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
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#3
9 years ago
Sweet, you're welcome.
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#4
2 years ago
Thanks!
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